The Moat Index

Alliance Laundry Holdings Inc.

ALH · Industrials · $5.0B mkt cap · FY2025 filings · Shallow moat ·

Doesn't clear the bar

57/ 100
Shallow moat

The four filters

Pricing power62

Median gross margin 36.5% over 3y, very stable.

Returns on capital100

Median ROIC 70.5%, above the 9% hurdle in 100% of years.

Balance-sheet safety28

Net debt/EBITDA n/ax, interest coverage 2x.

Capital discipline15

Owner earnings -0.9%/yr, share count growing (dilution).

Margin of safety

Above valueOn sale
214% above value
Owner earnings (normalized)
$144.2M
Est. intrinsic value / share
$8.11
Recent price
$25.50
Discount to value
214% above value

Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

4 years of fundamentals

The business, in plain English

Alliance Laundry Holdings Inc. booked $1.7B of revenue in FY2025 in the Industrials sector and kept 37.6% of it as gross profit — a solid-margin business by that measure. After every other cost, 6.0% of each revenue dollar reached the bottom line.

ALH's filings don't disclose total debt in a form the methodology can use, so leverage is treated as unmeasured — never assumed to be zero.

Put together: Returns on Capital is the strongest of the four filters (100/100) and Capital Discipline the weakest (15/100), which is how ALH lands at 57/100 — a Shallow moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.

FY2022–FY2025 · 4 fiscal years, normalized from ALH’s SEC filings

RevenueSales, as filed$1.7B FY2025
$0$1B2022202320242025
Gross marginRevenue kept after cost of goods37.6% FY2025
0%20%40%2022202320242025
Return on invested capitalOperating profit on the capital employed87.0% FY2025
0%50%2022202320242025
Owner earningsCash an owner could take out$141.8M FY2025
$0$100M2022202320242025

Gaps in a line mean that item isn’t in ALH’s filings for that year — the series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.

Moat Score history

1 logged reading since Jul 18, 2026 · append-only, never rewritten

Moat Score over timeLast scored reading of each day, on the 0–100 scale57.2 / 100
0406080100WideNarrowShallowNo moatJul 18, 2026

Score history begins Jul 18, 2026 — the record builds from here and can’t be backfilled.

Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars

None yet — ALH has read Shallow moat for every logged capture since Jul 18, 2026.

Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.

Track record

How Alliance Laundry Holdings Inc.’s moat rated in each of the years we can reconstruct from its filings — scored only on what was knowable at the time — and what its price and returns did afterward. The score never saw a price; the two are joined only in hindsight, for education, not as a signal.

As-of scores 20252025, one methodology version · reconstructed from filings on file each Dec 31 — never with hindsight

As-of Moat Score (dot colored by tier)Indexed price (total-return (dividends reinvested))Rated Wide-moat that year

How to read this: each dot is what the engine would have scored ALH on that December 31; the line below is its total-return price path (dividends reinvested) in the years since.

0406080100WideNarrowShallowNo moatAs-of Moat Score100Indexed price · log scale 2025

Two tracks, one timeline: the score has its own 0–100 scale (top), the price its own 100-based scale (bottom) — never a shared axis. The indexed price path isn't available for this company yet; gaps in the score line are years with no reconstructed rating (see the table for why). The Table view carries every value.

What followed, in the years it rated Wide

In the reconstructed history shown, ALH did not rate Wide-moat in any year, so there is no wide-moat track record to report. That absence is itself the honest answer — we don’t manufacture a comparison where the rating never earned one.

Industrials context

#96 of 327 scored Industrials companies, ranked by Moat Score.

Nearest peers by Moat Score

  1. #94CXT CRANE NXT, CO.57.3 out of 100, Shallow moatShallow moat
  2. #95CR CRANE COMPANY57.3 out of 100, Shallow moatShallow moat
  3. #97TNC TENNANT CO56.8 out of 100, Shallow moatShallow moat
  4. #98SPRS SURGE COMPONENTS, INC.55.9 out of 100, Shallow moatShallow moat

Compare ALH with its nearest peersAll Industrials companies on the Index →

Common questions about ALH

Does Alliance Laundry Holdings Inc. have an economic moat?
Based on its FY2025 SEC filings, the Moat Index scores Alliance Laundry Holdings Inc. (ALH) 57.2 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 62, returns on capital 100, balance-sheet safety 28, capital discipline 15.
Is ALH stock trading below its intrinsic value?
Against a deliberately conservative owner-earnings model (9% discount rate, 0% assumed growth, capped at 4%), estimated intrinsic value is $8.11 per share versus a recent price of $25.50 — 214% above value. This is an educational estimate computed from primary SEC filings, not investment advice.
How has ALH's Moat Score changed over time?
The record logs 1 reading since Jul 18, 2026; the latest reads 57.2 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.
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